Inflation!
I rarely post economics articles on the blog but I think this one is well worth your time. And, yes, I believe we going to see very significant inflation in both the short and medium term.
The East Coast Severe Weather Threat is Over
Midnight: The East Coast Threat for Tornadoes and Severe Thunderstorms Has Ended 3:50pm. Tornado watch for the Middle Atlantic Region. 2:30pm Tornadoes are also forecast in the South. 2:20pm. A couple of tornadoes, hail and wind gusts to 65 mph are possible with these storms. This includes NYC and Philadelphia. 1:05pm. The tornado risk has been extended northward into New York. The brown area has a significant risk of tornadoes. Remember: if a tornado warning is issued, go to your basement and get under heavy furniture like a pool table. Of, if your basement is finished, get into the bathroom. Go ahead an put a couple of water bottles and, if appropriate, diapers in your shelter area. Wear shoes. If you don't have a basement or safe room, go to the lowest floor and get into a bath or closet in the middle of your home. Children should be put in the bathtub. I'll update later today.
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